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Tesco potentially faces a huge lawsuit over 'permanent destruction of value to shareholders'
Tuesday March 24th 2015, 5:43 am Filed under Shareholder lawsuit

Tesco faces a massive shareholder lawsuit over misstating its profits last year  by £250 million ($374 million). US law firm Scott+Scott is claiming that the Tesco accounting scandal caused  a " permanent destruction of value to shareholders ," according to the BBC. The law firm, which seeks to represent institutional shareholders, has already filed a claim against the US arm of Tesco. It is  in ... [News Source]